114 E Northside Dr Lake Wales, FL 33853

This 19-unit multifamily portfolio is a real estate investment opportunity located across three properties in Polk County, Florida. The North Oak portfolio includes three properties. The Northside Apartments, located at 114 E Northside, Lake Wales, FL, were built in 1964. This eight-unit property consists of four concrete block duplexes with pitched shingle roofs. Each unit features a 2-bedroom, 1-bathroom configuration. The property has been fully renovated in the past two years, with both electricity and water sub-metered, allowing tenants to pay for their own utilities. Trash services are included in the property taxes. The Oakcrest Apartments, located at 118 Oak Crest Dr NW, Winter Haven, FL, were constructed in 1984. This eight-unit property comprises two fourplex buildings. The unit mix includes two 2-bedroom, 1-bathroom units and six 1-bedroom, 1-bathroom units, all built with a wood-frame construction and featuring pitched shingle roofs. The electricity is sub-metered, with tenants responsible for their electric bills, while water is provided by the city and paid for by the landlord. The property uses a septic tank system, also maintained by the landlord. The Haven Apartments, located at 140 Ave W NW, Winter Haven, FL, were built in 1974. This three-unit property offers all 2-bedroom, 1-bathroom units constructed from concrete block with pitched shingle roofs. Both water and electricity are sub-metered, and the property benefits from a central AC system. Sewer and water services are provided by the city. The total property size is 11937 square feet on a 0.3-acre lot. Seller financing is available.